Earnings Releases·Nov 5, 2026, 7:09 AM ET

Cooper Standard — Q3 2026 Earnings Summary

Q3 2026 sales rose 1.9% to $708.6 million, but net loss widened to $20.4 million ($1.13/share) from $7.6 million ($0.43/share) in the prior year, driven by $19.2 million in restructuring charges and higher commodity costs.
Full-year 2026 guidance was lowered: sales to $2.75–$2.85 billion (from $2.7–$2.9 billion) and adjusted EBITDA to $235–$245 million (from $265–$295 million), while capital expenditure guidance increased to $65–$70 million.
Cash flow deteriorated significantly with Q3 free cash flow at an $10.8 million outflow versus a $27.4 million inflow last year, and nine-month free cash flow widening to an $87.6 million outflow.
Long-term debt increased to $1,100.4 million as of September 30, 2026, resulting in negative total equity of $165.3 million, though the company maintains $305.4 million in total liquidity.
Net new business awards totaled $148.8 million in Q3 and $395.1 million year-to-date, with $96.6 million linked to battery electric or full-hybrid platforms, supporting a strategy focused on profitable growth and margin enhancement.